Irish developers launch £100m Newcastle plan
Business

Irish developers launch £100m Newcastle plan

THE Co. Tyrone company behind Dublin’s Croke Park Hotel has submitted plans for a new £100m redevelopment in Newcastle set to revitalise the city.

Proposals have been sent to Newcastle City Council by Cookstown-based firm McAleer & Rushe.

They show that the development on the site of the city’s Newgate Street shopping centre will include a new hotel, student accommodation, offices, shops and restaurants.

The current ‘60s buildings will be demolished to make way for the new complex.

McAleer and Rushe acquired the site in 2006 and secured a similar planning permission in 2011 for initial redevelopment of the site.

The new application, according to a spokesperson for McAleer and Rushe, “is an evolution which reflects the latest requirements of potential occupiers”.

The Newcastle office of Nathaniel Lichfield & Partners (NLP) is advising on planning.

Ian Kettlewell, associate director at NLP, said: “This new development will revitalise this area of the city centre. The design by a local architect has been finessed in close co-operation with the council planning officers and local stakeholders.”

He added: “It reflects the vitality of Newcastle but is respects the much loved heritage of Grainger Town. It includes the restoration of 67 Clayton Street, which in turn has the potential to encourage the restoration of other properties on Clayton Street.”

Subject to planning, demolition of the Newgate Centre could begin before the end of the year.

Work on the new buildings on the site will create up to 750 construction jobs.

Developments in which McAleer & Rushe have been responsible for include the Croke Park Hotel, Premier Inn, Gatwick; Jury’s Inn, Gateshead and the Novotel in Blackfriars.